Goldman Sachs Says Clients Are Increasingly Interested in Crypto
Max Minton, director of Goldman Sachs in the Asia-Pacific region, has shared that the bank has experienced a resurgence of interest in digital assets among its clients.
Bank of Spain Creating List of CBDC Testing Participants
The Bank of Spain is currently selecting participants for CBDC testing. These include Cecabank, Abanca, and Adhara Blockchain.
Raiffeisenlandesbank Will Launch Bitcoin Trading Services Next Year
The Austrian arm of European financial institution Raiffeisen Bank is preparing to introduce the option for its customers to trade cryptocurrencies such as Bitcoin in the coming months.
Crypto Bank SEBA Allowed to Offer Crypto Services in Hong Kong
SEBA Bank has obtained a license from the Hong Kong Securities and Futures Commission for its subsidiary to offer crypto-related services in the city.
Former Deutsche Bank Employee Accused of Crypto Fraud Will Pay $1.5M
Rashawn Russell, a former employee of Deutsche Bank, has admitted to being involved in a scam to defraud 29 clients of the R3 crypto fund for a total of $1.5 million.
Tether Announces it Will Process USD Transactions Through Britannia Bank
Last week, Tether’s financial statements showed that its USDT reserves increased by $850 million in comparison to their previous amount, bringing its excess reserves to $3.3 billion.
US Congress Accuses Fed of Creating Barriers to Stablecoins Issuance by Banks
A group of congressional members have written to the Federal Reserve System’s leader Jerome Powell expressing their concern that the recent moves from the Fed to increase oversight of banks’ cryptocurrency dealings will impede the progress of the bill to regulate stablecoins.
